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Guatemala produced 143,022 tonnes of sugar, tel quel, in the week to December 9, up from 118,749 tonnes in the previous week and compared with 99,026 tonnes in the same period a year ago, industry data showed.

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A top Brazilian official has declared that the South American bloc Mercosur is ready to close the trade agreement with the EU, but the talks have broken down again due to the unwillingness of the European Commission.

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Sugar mills in the North/Northeast (NNE) sugarcane region produced 1,499,950 tonnes of sugar, tel quel, in the 2018/19 crush as of December 1, up 14.6% from 1,308,743 at the same time a year ago, AgMin data showed.

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Morocco’s Council of Minsters has abolished the specific VAT adopted on sweetened drinks and introduced a graduated increase of the domestic consumption tax on these drinks according to their sugar content.

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Russia’s leading carbonated soft drinks (CSDs) producers, and the multinationals operating in the country, are worried that the new soft drinks tax will cause the market to shrink by 0%. Currently, only alcoholic drinks are taxed in Russia.